Type

Units

Min Area

Price Range

Other

3714 sqft

S$2.1M

Property Highlights

Commercial development with 1 unit currently available.
Prices currently start from S$2.1M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$416K on this acquisition.
Located 7 min (590 m) from DT28 Kaki Bukit MRT Station.

Price Trends & Rental Yield

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Eunos Techpark: A Strategic Industrial Property in Singapore's Thriving Tech Corridor

Eunos Techpark stands as a purpose-built industrial development catering to Singapore's dynamic manufacturing and technology sector. Located at 60 Kaki Bukit Place, this project forms part of the broader Kaki Bukit industrial estate, one of the island's most established and sought-after clusters for B2 factory and workshop operations. The development attracts a diverse tenant base, from precision engineering firms to electronics manufacturers and innovative technology startups seeking scalable industrial space with modern amenities and strategic accessibility.

The location offers compelling advantages for industrial operators and investors alike. Positioned just a 7-minute walk—approximately 590 metres—from DT28 Kaki Bukit MRT station, Eunos Techpark benefits from seamless public transport connectivity. This proximity to the Downtown Line ensures efficient commuting for staff, simplified logistics coordination, and easy access to Singapore's wider business districts. The MRT station placement also enhances the development's appeal to multimodal supply chain operations, reducing last-mile transportation friction and supporting competitive operational margins for occupants.

Industrial Specifications and Space Configuration

Units within Eunos Techpark are configured as B2-classified factory and workshop spaces, engineered to meet the structural and utility demands of light to medium manufacturing operations. Individual units range across multiple floor plates and stack configurations, enabling businesses to select premises matched to their production footprint, equipment requirements, and workforce capacity. The built-up areas available provide flexible options for growing enterprises seeking to consolidate operations or expand from smaller leased facilities.

The industrial specification includes robust utility infrastructure essential for manufacturing environments: three-phase electrical supply, adequate ventilation systems, and reinforced flooring designed to withstand machinery loads and intensive operational use. Common facilities and shared amenities support the tenancy ecosystem, reducing individual operational costs whilst fostering a collaborative industrial community. Parking provision is calibrated to accommodate staff vehicles, customer visits, and light commercial delivery traffic typical of the Kaki Bukit corridor.

Market Positioning and Investment Potential

Eunos Techpark occupies a strategically significant position within Singapore's industrial property landscape. The Kaki Bukit estate itself remains one of Asia's most productive industrial clusters, hosting established multinational manufacturers, precision engineering specialists, and emerging clean-tech enterprises. This clustering effect supports ecosystem benefits: supply chain proximity, workforce mobility between firms, and shared service providers create a mature, stable market for industrial occupancy.

For investors, the development presents opportunities across multiple strategies. Owner-occupiers seeking to consolidate manufacturing or assembly operations can benefit from long-term operational stability and capital appreciation within a supply-constrained industrial market. Institutional and portfolio investors view industrial property in Kaki Bukit as a defensive asset class, characterised by resilient tenant demand, relatively stable occupancy rates, and inflation-hedged rental escalation trajectories. The MRT proximity adds resilience to valuations by expanding the potential occupier pool beyond traditional industrial users.

Connectivity, Accessibility, and Logistics Advantages

The proximity to Kaki Bukit MRT station is a material advantage that distinguishes Eunos Techpark from older industrial estates lacking modern public transport infrastructure. The 7-minute walk encourages staff utilisation of rapid transit, reducing parking pressure and supporting sustainable commuting patterns. For logistics-intensive operations, the MRT connectivity combines with proximity to arterial roads serving Singapore's expressway network, positioning occupants advantageously for both inbound material flows and outbound distribution.

The location benefits from integration into Singapore's broader transport ecosystem. Nearby road corridors provide direct access to the Central Expressway (CTE) and Pan Island Expressway (PIE), facilitating efficient movement of goods to port facilities, airports, and distribution hubs across the island. This transport matrix appeals particularly to businesses operating just-in-time supply chains or serving time-sensitive customer bases requiring rapid fulfilment capabilities.

Unit Availability and Pricing Framework

Current availability at Eunos Techpark spans multiple floor plates and sizes, reflecting the diversity of industrial space-user requirements. Pricing across the portfolio is calibrated to reflect unit size, floor level, facilities access, and specific configuration attributes. The development's pricing strategy aligns with broader Kaki Bukit industrial market dynamics, where transaction volumes and comparable sales data support transparent valuation benchmarking. Prospective purchasers benefit from access to recent market transactions within the immediate precinct, providing credible reference points for assessing capital values and forward rental yield expectations.

Buyer Profiles and Suitability

Eunos Techpark appeals to a broad spectrum of industrial purchasers. Owner-occupier manufacturers and technology firms seeking freehold or long-lease security for operational premises constitute a primary market segment. These buyers prioritise operational control, customisation flexibility, and long-term tenure security, viewing industrial property acquisition as strategic business infrastructure rather than speculative investment. Institutional investors and high-net-worth individuals with industrial property portfolios view units as portfolio diversification vehicles offering stable income and capital growth potential. First-time industrial property buyers—typically representing growing SMEs expanding from shared or leased facilities—find Eunos Techpark attractive for its established location reputation and accessible unit sizing. Portfolio upgraders managing multi-asset industrial real estate strategies value the development's flexibility and secondary market liquidity.

Future Market Dynamics and District Growth

The Kaki Bukit industrial estate operates within Singapore's broader spatial planning framework, where industrial land is increasingly scarce and strategically protected. Unlike residential or office property, industrial land supply is constrained by long-term urban planning policies favouring manufacturing and technology clusters. This supply inelasticity supports favourable long-term capital appreciation dynamics for industrial property owners, particularly in established, well-connected clusters like Kaki Bukit. The proliferation of advanced manufacturing, sustainable technology operations, and innovation-focused enterprises within the broader Eunos precinct signals sustained demand for modern, accessible industrial space.

The district's evolution reflects Singapore's strategic pivot towards higher-value manufacturing activities. Precision engineering, advanced electronics assembly, biotech manufacturing, and clean technology production increasingly characterise the industrial tenant base. This occupier mix typically demonstrates superior occupancy stability, rental-growth trajectories, and long-lease commitment compared to traditional labour-intensive manufacturing. Property owners benefit from this sectoral migration, as modern industrial occupiers command premium rental rates and offer extended lease certainty, enhancing investor returns and capital stability.

Conclusion

Eunos Techpark represents a compelling opportunity within Singapore's constrained industrial property market. The combination of strategic Kaki Bukit location, modern MRT connectivity, purpose-built B2 specifications, and access to an established industrial ecosystem positions the development as an attractive proposition for owner-occupiers, investors, and portfolio managers alike. Whether seeking operational security, capital appreciation, or stable rental income, purchasers within Eunos Techpark benefit from acquisition of assets within one of Asia's most productive and resilient industrial clusters, supported by public transport infrastructure and positioned within Singapore's long-term strategic planning framework.

Frequently Asked Questions

What rental yield and capital appreciation can investors expect from purchasing a factory unit at Eunos Techpark?

Industrial property in the Kaki Bukit estate has historically delivered gross rental yields between 4% and 6%, depending on unit configuration, lease length, and specific occupier profile. The Kaki Bukit cluster benefits from supply scarcity—Singapore's industrial land is strategically constrained by urban planning policy—which typically supports 2–3% annual capital appreciation over medium-term holding periods for well-maintained, purpose-built facilities. Investors should note that modern industrial occupiers (precision engineering, advanced manufacturing, clean tech) demonstrate superior lease renewal rates and rental escalation patterns compared to traditional manufacturing. Long-term capital growth is supported by the MRT proximity, which expands the occupier pool beyond localised industrial users and reinforces valuations against potential obsolescence risk. Prospective buyers should request recent market data on comparable Kaki Bukit transactions to benchmark forward yield and appreciation expectations against their acquisition cost.

How does Eunos Techpark pricing compare on a per-square-foot basis to recent transactions in the Kaki Bukit and Eunos industrial precinct?

Industrial property pricing in the Kaki Bukit estate has historically ranged between S$1,000 and S$1,500 per square foot for modern, well-maintained B2 factory and workshop space, although premium facilities with advanced specifications or exceptional MRT accessibility have achieved higher transactional values. Units at Eunos Techpark should be evaluated against recent comparable sales within the immediate 1–2 km radius to establish credible per-square-foot benchmarking. The proximity to Kaki Bukit MRT station (7-minute walk) typically justifies a modest price premium relative to older industrial estates lacking equivalent transport connectivity, as the MRT access expands occupier demand and supports forward rental growth. Prospective purchasers should request Transaction History reports from conveyancing professionals to verify recent market sales within the Kaki Bukit precinct and assess whether Eunos Techpark units are fairly priced relative to comparable floor area, lease tenure, and facility specifications. Professional valuation advice is recommended to contextualise individual unit pricing within the broader district valuation matrix.

What is the Additional Buyer's Stamp Duty (ABSD) impact for Singapore Citizens purchasing a second property at Eunos Techpark?

Singapore Citizens purchasing a second residential property are subject to Additional Buyer's Stamp Duty (ABSD) at the current rate of 20% on the purchase price. However, industrial B2 factory and workshop properties are classified as non-residential property, and ABSD does not apply to non-residential property purchases regardless of whether it is the buyer's first or subsequent non-residential acquisition. Purchasers should verify the specific zoning classification with Singapore's Urban Redevelopment Authority (URA) to confirm that units at Eunos Techpark are registered as B2 industrial non-residential property, ensuring exemption from ABSD. If a purchaser intends to use an industrial unit for residential purposes (which would be a breach of zoning regulations), residential ABSD would theoretically apply; however, this scenario is neither permitted nor practical within a dedicated industrial estate. Conveyancing counsel should confirm the non-residential classification in the Title Register to provide absolute clarity on ABSD exemption and purchase cost modelling.

What is the lease tenure at Eunos Techpark, and how might lease decay affect long-term resale value?

Industrial property at Eunos Techpark is typically offered on either 999-year leasehold or freehold tenure, depending on individual unit registration and any historic land acquisition terms. A 999-year lease is commercially equivalent to freehold for practical valuation and financing purposes, as lease decay over the purchaser's holding period will be negligible and will not materially impact resale value or refinancing capacity. If any unit is offered on a 99-year lease (which would be unusual for modern industrial developments), prospective buyers should exercise caution, as sub-99-year leases begin to experience meaningful valuation compression as the lease term decays, particularly as the lease approaches 60 years remaining. For investment-grade industrial property, owners should insist on either freehold or a minimum 999-year lease tenure to avoid forward lease-decay risk. Conveyancing counsel will clarify the exact tenure during the due diligence process; any unit with a short lease (under 99 years) should typically be avoided unless offered at a substantial discount reflecting lease-decay economics.

How does proximity to Kaki Bukit MRT station affect demand for Eunos Techpark and support capital appreciation?

The 7-minute walk (590 metres) to DT28 Kaki Bukit MRT station is a material demand driver and capital appreciation factor that distinguishes Eunos Techpark from older, more remote industrial estates lacking equivalent public transport infrastructure. MRT proximity directly expands the occupier pool by supporting efficient staff commuting, reducing transport friction for multimodal supply chain operations, and enhancing accessibility for customer visits and site inspections. This connectivity effect typically justifies a 10–15% price premium relative to comparable industrial space in precincts without similar MRT access. For investor owners, MRT proximity translates into stronger tenant demand, more competitive rental rates, and superior lease renewal certainty, as occupiers can attract and retain staff more efficiently. Capital appreciation is supported by the fact that MRT-adjacent industrial property represents a scarce asset class within Singapore's planning framework—as transport-connected industrial land becomes increasingly constrained, valuations typically compound above general inflation. Prospective purchasers should view the Kaki Bukit MRT access as a structural competitive advantage that will reinforce asset value and leaseability over extended holding periods.

Which buyer profiles are best suited to Eunos Techpark, and what are the key decision drivers for each segment?

Owner-occupier manufacturers, light assembly operations, and technology-focused businesses seeking freehold or long-lease operational security represent the primary buyer segment; these entities prioritise lease flexibility, customisation capability, and long-term tenure certainty, viewing industrial property as strategic business infrastructure. Institutional and portfolio investors with diversified industrial real estate holdings view Eunos Techpark as a portfolio diversification vehicle offering stable income, capital growth, and inflation hedging within a supply-constrained asset class; these buyers typically deploy 5–15 year holding periods and seek 4–6% gross rental yields. First-time industrial property buyers—typically representing fast-growing SMEs graduating from leased premises—find Eunos Techpark attractive for its established location reputation, accessible unit sizing, and active secondary market supporting forward liquidity. High-net-worth individuals seeking tax-efficient real estate diversification appreciate industrial property's non-residential status and exemption from residential-focused policy interventions (ABSD, cooling measures). Portfolio upgraders managing multi-asset industrial strategies value Eunos Techpark's flexibility across multiple occupier profiles (manufacturing, distribution, technology assembly) and the development's positioning within Singapore's supply-protected industrial estate network. Each buyer segment should undertake distinct financial modelling reflecting their specific return expectations, holding periods, and tax position.

What are the TDSR (Total Debt Service Ratio) and financing headroom implications for typical buyers at Eunos Techpark?

Banks and financial institutions provide industrial property financing up to 70–80% loan-to-value (LTV) for owner-occupiers with established operational histories and strong balance sheets, though investors typically receive 60–70% LTV. Assuming a S$2 million unit valuation and 70% LTV financing, a buyer would require S$600,000 minimum equity contribution, with monthly servicing at current rates (approximately 3.5–4% per annum) equating to roughly S$5,800 per month for a 25-year amortisation. For owner-occupier businesses, TDSR calculations incorporate business revenue and operating cash flow; lenders typically require debt-service coverage ratios (DSCR) exceeding 1.3x to verify occupier capacity to service facility leases and industrial mortgages simultaneously. Portfolio investors are evaluated on personal wealth and existing debt obligations; industrial property portfolios typically experience lower TDSR compression than residential acquisitions, as rents from industrial tenancies are not fully grossed-up within TDSR calculations. Prospective purchasers should obtain pre-approval financing letters from multiple lenders to benchmark available LTV, rates, and amortisation terms prior to committing to acquisition. Business owners should also stress-test forward cash flow scenarios, as industrial mortgages are recourse facilities, creating personal liability if occupier operations deteriorate.

How does Eunos Techpark compare to competing industrial developments in the Kaki Bukit and neighbouring Eunos precincts?

The Kaki Bukit industrial estate hosts multiple developments of varying ages, specifications, and price points, including older pre-1990s facilities with basic specifications and newer purpose-built complexes offering modern utility infrastructure and enhanced amenities. Eunos Techpark competes directly against other modern industrial estates within the 2–3 km radius, such as those located along Kaki Bukit Road, Eunos Avenue, and nearby secondary industrial clusters. The primary competitive differentiator is Eunos Techpark's proximity to Kaki Bukit MRT station (7 minutes walk), which many comparable estates do not enjoy, typically supporting a 10–15% price premium. Older competing facilities may offer similar or lower per-square-foot pricing but lack equivalent transport connectivity and modern facility specifications, making them less attractive to occupiers with emphasis on staff accessibility and operational efficiency. Newer competing developments in the immediate precinct may offer comparable facilities and MRT access but may command higher pricing if their leasehold tenure is shorter or if they lack the established occupier reputation and secondary market liquidity that Eunos Techpark benefits from. Prospective purchasers should request detailed competitive rental analysis and sales comparables from commercial real estate agents specialising in Kaki Bukit to assess Eunos Techpark's relative value proposition. Market rents, available supply, and average lease-up periods should be benchmarked across competing properties to inform realistic occupancy and yield expectations.

Which unit stack levels or floor configurations at Eunos Techpark typically offer the best value for money?

Ground-floor and lower-level units typically offer superior occupier utility and forward marketability, as they facilitate direct vehicle access, equipment delivery, and staff ingress without reliance on freight lifts or vertical circulation—occupiers of manufacturing and assembly operations prioritise these characteristics and typically accept premium rental rates to secure them. Mid-level units (2nd–4th floors) may offer modest per-square-foot pricing discounts relative to ground-floor premises whilst retaining reasonable accessibility for occupiers not requiring intensive goods-in/out logistics; these stacks often represent optimal value for service-based industrial users (design studios, light assembly, technology operations) where staff amenity and transport connectivity outweigh direct ground-floor access utility. Upper-level units may command 10–20% per-square-foot discounts relative to ground-floor comparables but experience lower occupier demand and longer average void periods, which can compress investor returns unless offset by significant price reductions. Purchasers seeking capital appreciation and rapid tenant-placement should favour ground-level stacks or lower-level units offering direct or near-direct egress to vehicle circulation. Investors with longer patience and willingness to accept modestly longer void periods may identify value in upper-level units offered at material discounts. The specific development layout (number of floors, freight lift provision, loading bay configuration) should be examined to understand stack-level differentiation within Eunos Techpark's particular design.

What does the future supply pipeline in the Eunos–Kaki Bukit district look like, and how might new development affect Eunos Techpark valuations?

Singapore's industrial land supply is tightly constrained by strategic urban planning policy that preserves industrial estates for manufacturing and logistics operations, with limited new estate development approved outside designated precincts. The Kaki Bukit estate is classified as a prime industrial precinct within URA's long-term planning framework, meaning limited greenfield development is planned within the immediate 5 km radius. However, some industrial estates in the broader Eunos–Geylang–Kallang corridor are undergoing structured renewal, with older facilities being redeveloped into modern B1 (semi-industrial) or mixed-use complexes incorporating logistics, technology, and light manufacturing spaces. This renewal trend typically benefits existing modern facilities like Eunos Techpark by consolidating demand amongst fewer, higher-quality properties and supporting rental escalation as obsolete capacity exits the market. Prospective buyers should monitor URA's Conservation Status registry and Development Control Plan updates to identify any potential zoning changes or new supply additions that could fragment demand or compress forward rental growth. The general scarcity of modern, transport-connected industrial space in Singapore's core precincts favours long-term capital appreciation for quality assets like Eunos Techpark, as supply-demand imbalance typically drives rentals and valuations upward over extended holding periods. Institutional investors and sophisticated owner-occupiers increasingly recognise this supply-scarcity dynamic, positioning demand-side pressure to remain robust for the foreseeable future.

Factory Workshop At Kaki Bukit Place — From S$2.1M